Applebees parent inks $950M agreement

The parent of Applebee's Neighborhood Grill & Bar and IHOP Restaurants said Monday that it signed a new $950 million senior secured credit agreement.
DineEquity Inc. said the agreement includes a $900 million senior secured term loan facility maturing in October 2017 and a $50 million senior secured revolving loan facility maturing in October 2015.
The company ...